Bitcoin ETF: Grayscale’s GBTC Records $580 Mln Net Outflow On Day 5

After the 11 Spot Bitcoin ETFs made their debut last week, they experienced a pullback since the first day itself. The fifth day of trading wasn’t an exception and left all the Bitcoin ETFs bleeding. Moreover, Grayscale’s GBTC grabbed the spotlight again, but of course not in a positive way. Grayscale Bitcoin ETF Registers Massive […]

Hong Kong Eyes Bitcoin ETF Debut As Trading Volume Continues To Surge

In a flurry of innovations witnessed across the Chinese crypto landscape, a Hong Kong-based financial services company recently announced plans to seek approval for a spot Bitcoin ETF launch within the nation. If approved, the country is poised to emerge as the second significant powerhouse to commence Bitcoin ETF trading, following the U.S. Notably, Venture […]

Mark Zuckerberg’s Meta Intensifies AI Race With OpenAI

In a groundbreaking move, Meta Platforms, led by CEO Mark Zuckerberg, is gearing up to enter the fierce competition in the development of super artificial intelligence (AI), aligning with industry giants Google and Microsoft. Meanwhile, the quest for artificial general intelligence (AGI) takes center stage as Meta commits to creating AI capable of matching human […]

Bitcoin (BTC) Price Can Correct to $34,000, Expect Multi-Month Stagnation

The world’s largest cryptocurrency Bitcoin (BTC) has experienced substantial selling pressure recently with the BTC price crashing to $40,000 earlier today. This has happened as there have been large outflows from the Grayscale Bitcoin Trust (GBTC) moving into the newly launched Bitcoin ETFs. Bitcoin Price Can Correct to $34,000 Renowned crypto analyst Ali Martinez has […]

Manta Network Sparks Money Laundering Concerns In South Korea Amid Binance Listing

The Manta Network, a zero-knowledge L2 blockchain, has come under scrutiny amid allegations of money laundering in South Korea on the day of its listing on Binance, Bithumb, and KuCoin. These allegations suggest that the money laundering activities were conducted via the Bithumb exchange. This comes after the Manta Network faced a DDoS attack on […]

Bitcoin Dumping Continues As BTC Price Tanks Under $41,000, Is Grayscale Behind This?

The world’s largest cryptocurrency Bitcoin (BTC) continues to face strong selling pressure while extending its losses further by 3.45% on Thursday, and slipping under $41,000. With this, Bitcoin has extended its weekly losses in double digits to more than 10%. At press time, the BTC price is trading at $40,896 with a market cap of […]

US SEC Delays Resolution of Fidelity Spot Ethereum ETF to March

While the U.S. Securities and Exchange Commission (SEC) has finally approved the spot Bitcoin ETFs, financial players are pushing for a similar product for Ethereum. However, on Thursday, January 18, the SEC delayed a resolution on the spot Ethereum ETF from Fidelity. Ethereum ETF Resolution Delayed to March 2024 The U.S. Securities and Exchange Commission […]

Just In: Bitcoin ETF Vaults the Token Past Silver with $27.5 Billion in Assets

Bitcoin has just surpassed silver to become the world’s second-largest commodity ETF, indicating crypto’s rapid growth as an investment. Data compiled by investor Jason A. Williams shows that Bitcoin ETFs have amassed $27.5 billion, placing them behind gold’s $96 billion but ahead of silver’s $11.5 billion. BREAKING NEWS : In WEEK 1 #Bitcoin  overtakes silver to become […]

Union Budget 2024: How Budget Document is Compiled & Presented in Lok Sabha

The process of compiling and presenting India’s budget document is a detailed and extensive procedure. While the Finance Minister will present the Union Budget 2024 in the Parliament on February 1, the preparations for the document began in H2 2023. The budget file contains 14 crucial documents that hold the Annual Finance Statement, Demand for […]

Crypto Crime Trend: Sanctioned-Transactions Surged Despite Recovery in 2023

According to the latest report by Chainalysis, the cryptocurrency industry experienced a notable recovery in 2023. The previous year’s trend signaled a turnaround from the challenges faced in 2022. The analysis company noted a drop in crypto crime instances in the year. The report suggests that with crypto assets rebounding and increased market activity throughout […]